BlackRock MuniHoldings Quality Fund II (NYSE:MUE) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $10.00 and traded as low as $9.47. BlackRock MuniHoldings Quality Fund II shares last traded at $9.48, with a volume of 82,994 shares trading hands.

BlackRock MuniHoldings Quality Fund II Stock Performance

The firm’s 50 day simple moving average is $9.59 and its 200 day simple moving average is $10.00.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be paid a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a yield of 6.46%. The ex-dividend date is Friday, June 13th.

Institutional Trading of BlackRock MuniHoldings Quality Fund II

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of Montreal Can increased its holdings in shares of BlackRock MuniHoldings Quality Fund II by 4.5% during the 4th quarter. Bank of Montreal Can now owns 22,927 shares of the investment management company’s stock valued at $229,000 after purchasing an additional 991 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of BlackRock MuniHoldings Quality Fund II by 4.8% during the 4th quarter. NewEdge Advisors LLC now owns 21,966 shares of the investment management company’s stock valued at $220,000 after purchasing an additional 1,000 shares in the last quarter. Avior Wealth Management LLC increased its holdings in shares of BlackRock MuniHoldings Quality Fund II by 25.6% during the 1st quarter. Avior Wealth Management LLC now owns 11,375 shares of the investment management company’s stock valued at $114,000 after purchasing an additional 2,319 shares in the last quarter. Sit Investment Associates Inc. increased its holdings in shares of BlackRock MuniHoldings Quality Fund II by 0.7% during the 1st quarter. Sit Investment Associates Inc. now owns 342,355 shares of the investment management company’s stock valued at $3,424,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Riverbridge Partners LLC increased its holdings in shares of BlackRock MuniHoldings Quality Fund II by 7.2% during the 1st quarter. Riverbridge Partners LLC now owns 43,606 shares of the investment management company’s stock valued at $436,000 after purchasing an additional 2,943 shares in the last quarter.

About BlackRock MuniHoldings Quality Fund II

BlackRock MuniHoldings Quality Fund II, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.